Very Best of Lora Rainehttp://activerain.com/blogs/lora_raine
en-ushttp://activerain.com/blogsview/2634174/what-it-really-costs-to-get-a-mortgageWhat It REALLY Costs to Get a MortgageThis is some great advice and information! Borrowers should take notice to ALL the steps that are associated with qualifying for a Mortgage!
I am always happy to re-blog a post that I believe helps others succeed!
Ed got this one right!
<img src="http://activerain.com/image_store/uploads/1/9/3/8/6/ar132250801468391.JPG" style="float: right; margin: 10px;">What It REALLY Costs to Get a Roseville Mortgage
Recently, I have had a few clients be shocked at closing cost quotes I have given them. On each, I went back and checked my numbers very carefully and, yes, the quotes were right! The client just didn’t realize that there were many costs associated with a home purchase!
No one wants any unpleasant surprises that involve money! So, here is some information on closing costs to help you better prepare for a home purchase.
In addition to a down payment, home buyers should anticipate these possible costs:
Home Inspection
An inspector will review the mechanical, electrical, and structural aspects of your home then provide a written report.
Condominium/Home Owners Association-related Fees
These may be required if you purchase a home in a condominium complex.
Well and/or Septic Certifications
If the property has either of these systems, a buyer will want professional testing to ensure they function properly.
Pest Inspection
A qualified professional inspects the property, looking for termites and other pests and pest damage then submits a report.
These costs are common in a purchase transaction:
Credit Report
This fee covers the cost of a three bureau credit report which shows each borrowers’ credit history. The borrowers will be provided a copy of their credit report.
Appraisal
An appraisal is a professional opinion about the value of your home, prepared for the lender. The appraisal is usually paid for up-front by the borrower. And, in a few cases, more than one appraisal may be required. Buyers receive a copy of the appraisal.
Title and Escrow services, such as title search and insurance, so buyer and lender are sure that no one else has any lien, claim, or encumbrance on the property; recording the Deed and mortgage with the County Recorder; Notary for signing services; and, preparing documents necessary to close a real estate transaction.
Lender’s Origination Services
For services involved in the creation of a mortgage loan, such as loan processing and the underwriting of the loan.
Property Taxes
Payable to the County. The amount collected depends upon the month of the year the property sale closes.
Insurance
Lenders typically require the first year of fire and hazard insurance be paid up front. Flood insurance will be required if the house is in a flood hazard area.
Impounds (also call Reserves)
Prepayments of funds, held in an account, to cover annual charges for homeowner’s insurance and property taxes which will be paid by the lender on the borrower’s behalf. Sums will be added to the impound account each month from the monthly mortgage payment.
Prorated Mortgage Interest
Depending upon the time of month a loan closes, this per diem charge may vary from a full month’s interest to a few days interest. Future interest payments will be made through the monthly loan payment.
Supplemental Property Taxes
The buyer will be billed by the County for these, by mail, after the sale closes. Supplemental taxes that are assessed due to a change in ownership.
The amount of closing costs varies, depending upon the amount of the mortgage and type of loan (i. e., VA, FHA, USDA or Conventional). A mortgage professional can provide an estimate of costs when a potential buyer completes the prequalification process.
What if you don’t have enough money for closing costs? Consider a gift from a family member or participating in a down payment assistance program.
Related Posts:
Shopping for a Hazard Insurance Policy
A Lesson about Hazard Insurance in California
Making Sure Your Cash to Close Comes from the Proper SourceGot questions about this post?
Buying or refinancing a home?
Call me!
Ed Gillespie
(916) 849-9200
FHA, Conventional, USDA and Specialty Mortgages
Serving Greater Sacramento and All of California
Subscribe to my blog!
<img src="http://activerain.com/image_store/uploads/6/7/5/4/1/ar131604899214576.png" style="margin-left: 10px; margin-right: 10px;"><img src="http://activerain.com/image_store/uploads/3/2/4/5/2/ar131604908025423.png" style="margin-left: 10px; margin-right: 10px;"><img src="http://activerain.com/image_store/uploads/7/8/6/8/7/ar131604915478687.png" style="margin-left: 10px; margin-right: 10px;"><img src="http://activerain.com/image_store/uploads/9/9/4/4/4/ar131604921144499.png" style="margin-left: 10px; margin-right: 10px;"><img src="http://activerain.com/image_store/uploads/8/1/4/7/6/ar131604928467418.png" style="margin-left: 10px; margin-right: 10px;"><img src="http://activerain.com/image_store/uploads/2/9/0/9/9/ar131604936299092.png" style="margin-left: 10px; margin-right: 10px;">
Content in this blog is original to Ed Gillespie and does not reflect the views of First Priority Financial nor is intended to be legal advice.
Copyright 2008-2011 by Ed Gillespie | DRE #01424603 | NMLS #244226 | All Rights Reserved
Life is but a Journey, Enjoy it!
Very Best of Raine
Content written and managed by C. Raine Williams
Raine Properties &amp; Investments
Servicing: North and South Shore areas of Boston
(P) 781-591-2392 (F) 877-492-5597
<script type="text/javascript">// <![CDATA[
!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");
// ]]></script>Raine C. Williams (Raine Properties & Investments)Mon, 05 Dec 2011 11:23:21 -0800http://activerain.com/blogsview/2634174/what-it-really-costs-to-get-a-mortgage
http://activerain.com/blogsview/2631207/it-s-all-just-a-matter-of-time---It's all just a matter of time...It’s all just a matter of time before the new season 2012 will begin. As we approach the New Year there are a few things sellers and buyers will want to consider before selling or purchasing their home. If you are a seller who has been waiting for the right buyer to come along, then that wait may just be about over. Homes sales have been steady over the past year, however that reflects a decrease of – 1.7%, this based on market statistics generated from MLS (Massachusetts Listing Service). Although median prices for single families have stayed steady at $349-359k, and while condo sales increased - showing promise, sales continue to improve regardless of the small decrease.
There are still some great deals to consider, whether selling or buying, there is a market for both, It’s all just a matter of time. There has been an increase on under agreement contracts for single family, two-family, and condos. If you are an investor looking for that one property that could give you a great ROI, there are still several properties with a list price well below market value and growing strong. However, buyers may have a difficult time getting their bid in with local listings because of investor strategies. For buyers the best thing to do during these strategic times is to be proactive while working with your agent. Keep abreast of the changes that are occurring almost overnight, make sure you are ready to put in a STRONG offer!<img src="http://activerain.com/image_store/uploads/8/4/9/5/1/ar132297797115948.PNG" style="margin-right: 5px; margin-left: 5px; float: right;">
For Sellers who are still looking to benefit on the new season of increase, if you are looking towards requesting a short sale from your bank, go for it! Banks are willing to negotiating even more since they are now under a microscope for quick foreclosure processes. If you are looking to sell, now is the time to request short sale information from your bank, and if you are almost at the point of foreclosure, do not wait until the last minute to consider your options. Crossing that bridge when you get to it almost always leads to a disaster, if this happens prepare for the worst, BUT expect the best! As with any contract agreement, following legal procedures is almost evident; you will want to pay close attention to the procedures, processes, and documentations regarding your short sale with the bank’s legal department!
For Sellers, if you think 2012 will be the year your house will finally sell then there are some things you must think through!
FIRST, if you think you are eligible to do a short sale, review your circumstances and the situation at hand. Make sure you are not behind with mortgage payments and have any liens against the property, signaling a RED FLAG with the bank; final results could mean a denial for your request. It is best to give a good first impression on your current position than a bad impression that will have your bank running the other way, ready to foreclose.<img src="http://activerain.com/image_store/uploads/5/7/8/0/8/ar132297790580875.JPG" style="margin: 10px 5px; float: right;">
SECOND, you should find out what the value of your house is worth and measure that against how much you owe. The bank is going to want to see that you have taken steps to put your home up for sale before actually requesting a short sale.
THIRD, contact your bank and find out how much is still owed on your property, and try to negotiate the fair market value for your home against doing a short sale. Make sure you understand the bank's legal requirements for negotiating a short sale and always, always, always consult a real estate attorney to represent you in the process! In addition, make sure you have a reputable Title Company ready to go the distance for you during the process; this connection will be one of the most important to you during this time. At which the bank will want to review your short sale request, taking into consideration any outstanding liens that have been placed against the property. At this point the bank could either accept or decline to pay off any outstanding liens at closing, so you should be prepared to take care of them on your own, if not it may become a hard sell if such cost are passed down to the Buyer.
FOURTH, contact your Realtor and let them know that the bank has agreed on your short sale request. Once your request for a short sale has been approved you will want to get started preparing your house for the sale. (Paying off any outstanding taxes due, submitting all necessary documents) This should be the time when you feel the most at ease, allowing your Realtor to schedule all showing, submit ALL offers to the bank, and REPRESENT YOU on your short sale 100%!!
FIFTH, Get ready for a somewhat bumpy ride; a short sale is a short sale in name only. It usually takes 3 months or more before it is executed in full – to closing, but could be done in less time if you, the bank, and your Realtor are all on the same page. Buyers will be happy with the results of a quick short sale, if everything goes accord to plan!<img src="http://activerain.com/image_store/uploads/5/4/0/0/0/ar132297803300045.jpg" style="margin: 10px 2px; float: right;">
With the New Year 2012 just around the corner, It’s all just a matter of time for both Sellers and Buyers, be prepared for the significant changes to the real estate market and take advantage of the opportunities that will present themselves! With the steady increase in home sales, for the Massachusetts area and across the nation, home listings versus sales seems promising; despite reports in the real estate industry in regards to Wall Street and Main Street, there is a light at the end of the tunnel!
With that being said...home sales for 2012 look promising, and we should see more and more properties fall under-agreement and proceed to closing. Just within the last 6 month reports show sales of 2,835 in single family, two-family, and in condos, with a total of 5066 for the entire year; this information reported through December 2012. These numbers are pretty good considering the setbacks with the current economy.
Sellers and Buyers, be prepared to take advantage of the New Year 2012, because …
It’s all just a matter of time
Life is but a Journey, Enjoy it!
Very Best of Raine
Content written and managed by C. Raine Williams
Raine Properties &amp; Investments
Servicing: North and South Shore areas of Boston
(P) 781-591-2392 (F) 877-492-5597
<script type="text/javascript">// <![CDATA[
!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");
// ]]></script>Raine C. Williams (Raine Properties & Investments)Sun, 04 Dec 2011 05:01:42 -0800http://activerain.com/blogsview/2631207/it-s-all-just-a-matter-of-time---
http://activerain.com/blogsview/2625338/duck--duck--duckDuck, Duck, DuckThis is some great advice for buyers who feel they are ready but are actually, NOT!!
<img src="http://activerain.com/image_store/uploads/8/7/5/2/1/ar132267247412578.jpg" style="border: 3px solid black; margin-right: 2px; margin-left: 2px; float: left;">Charita indicates in her blog, make sure you have your ducks in a row!! It is best to be well prepared and ready to go than not prepared and wasting time!!
Please check out what Charita has to say...Duck, Duck, Duck
Duck, Duck, Duck
Oh so you've never heard of this game. Well I'm not surprised. Up until now, people have thought that Duck, Duck, Goose was the only game in town. But let me tell you, when it comes time to buying a home, it's no game and you've got to make sure that you have all of your ducks in a row.
<img src="http://activerain.com/image_store/uploads/2/4/5/7/5/ar132264639157542.jpg" style="margin: 10px; vertical-align: middle;">
Don't let your goal of buying a home be thwarted by a goose.
Thinking about buying:
Why would you even start your search without confirming that a lender will finance a mortgage for you (ducks in a row)
Truth or false. A real estate agent works for fun and not money. If you guessed for money, then you guessed it right. Be upfront with your real estate agent so they can take the right course of action at the appropriate time instead of wasting time (ducks in a row)
Be realistic about expectations especially when it comes to price. You can keep your frustration level down by focusing your attention on homes that fall within your price range (ducks in a row)
Even if there are claims that you can buy a home with no down payment, you WILL need money for something. Namely your home inspection, appraisal and perhaps some closing cost. If you don't have this money in place, then perhaps it's a good idea.....no let me rephrase that.....it IS a good idea to delay your home search until you do have it. House hunting on the pay day plan is a bad concept any way that you look at it (ducks in a row)
Relying on someone to help you make decisions? Introduce them into the equation at the beginning of the process
If you know you have some credit issues to clear up, then still speak with a mortgage representative. They can tell you which issues matter more than others (ducks in a row)
Stay focused on the task and the goal. Keep your spending in check and by all means, do not establish any new credit. None. Zilch. Nada (ducks in a row)
This list can be lengthy so if you'd like more info, please contact me, Charita Cadenhead, and we can go into further detail.
Buying a home is not a game and especially not a game of chance. It's a process that should be well thought out and there is no one better to help you plan than a Realtor®.
Origin of BDAMB from Bham (The Back Door Ambassador Series)
BDAMB Gains Access Through Front Door
Charita Cadenhead, Your Metropolitan Birmingham, Alabama Real Estate Broker of Choice
Got a question about Metropolitan Birmingham real estate? Just ask Charita. Need a good Realtor(R) to help you find a new home or sell the one you already own? Just shoot me an email. In need of a rental property? Subscribe to be notified whenever we list a new rental or home for sale.
<img src="http://activerain.com/image_store/uploads/8/1/6/0/1/ar129769973010618.jpg" style="margin: 10px; border: black 1px solid;"> <img src="http://activerain.com/image_store/uploads/5/3/6/6/9/ar128370824496635.jpg"> <img src="http://activerain.com/image_store/uploads/5/9/5/0/8/ar129769967280595.jpg" style="margin: 10px; border: black 1px solid;"> www.inandaroundbirmingham.combhamwiire@gmail.com(205) 527-1112 - cell(205) 321-1200 - Office(800) 496-7431 - Fax
One thing about being in real estate: I can't hide even if I tried. Bham WIiRE Realty: We're Everywhere You Want to Be!
<img src="http://activerain.com/image_store/uploads/6/8/7/4/7/ar127473305774786.jpg"> <img src="http://activerain.com/image_store/uploads/8/1/6/5/9/ar127473311295618.jpg"> <img src="http://activerain.com/image_store/uploads/6/4/4/2/3/ar127473314432446.jpg"> <img src="http://activerain.com/image_store/uploads/5/0/6/2/9/ar127473453192605.jpg"> <img src="http://activerain.com/image_store/uploads/8/4/1/8/1/ar127474356418148.jpg"> <img src="http://activerain.com/image_store/uploads/4/5/1/6/8/ar127654124086154.jpg" style="margin: 10px; border: 1px solid black;"> <img src="http://activerain.com/image_store/uploads/7/9/4/7/7/ar127473307977497.jpg">
<img src="http://banners.copyscape.com/images/cs-pu-3d-234x16.gif" border="0">
Life is but a Journey, Enjoy it!
Very Best of Raine
Content written and managed by C. Raine Williams
Raine Properties &amp; Investments
Servicing: North and South Shore areas of Boston
(P) 781-591-2392 (F) 877-492-5597
<script type="text/javascript">// <![CDATA[
!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");
// ]]></script>Raine C. Williams (Raine Properties & Investments)Wed, 30 Nov 2011 04:02:50 -0800http://activerain.com/blogsview/2625338/duck--duck--duck
http://activerain.com/blogsview/2624238/from-one-newbie-to-another--please-welcome-elaina-westry-From One Newbie to Another: Please Welcome Elaina Westry!I was combing through the Newbie blogs when I came across Active Rain Newbie Elaina Westry s’ blog where she indicates how Nervous she is to be new to blogging.
<img src="http://activerain.com/image_store/uploads/4/5/9/4/7/ar132260135174954.jpg" style="border: 3px solid black; margin-right: 5px; margin-left: 5px; float: left;">Elaina is from the Rocky Mountain, North Carolina area and she prides herself for being hands on, explaining the entire process of real estate negotiating to sellers and buyers. Elaina even has her hands full in the Nashville/Tarbaro areas as well!
In following my own advice I decided to extend a warm greeting to Elaina with words of reassurance from one Newbie to another. I hope those who see this post will do the same!!
Welcome Newbie Elaina Westry to Active Rain!!
Life is but a Journey, Enjoy it!
Very Best of Raine
Content written and managed by C. Raine Williams
Raine Properties &amp; Investments
Servicing: North and South Shore areas of Boston
(P) 781-591-2392 (F) 877-492-5597
<script type="text/javascript">// <![CDATA[
!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");
// ]]></script>Raine C. Williams (Raine Properties & Investments)Tue, 29 Nov 2011 08:22:33 -0800http://activerain.com/blogsview/2624238/from-one-newbie-to-another--please-welcome-elaina-westry-
http://activerain.com/blogsview/2621128/in-response-to-jerry-newman-s-contest---a-new-contest-for-recognizing-and-introducing-newbies-to-active-rainIn Response to Jerry Newman's Contest ~ A New Contest for Recognizing and Introducing Newbies to Active RainJerry Newman had started A New Contest for Recognizing and Introducing Newbies in Active Rain the beginning of November 2011 to encourage seasoned Active Rain members to reach out to Newbies as a way to welcome them to the group.
Jerry’s contest rules suggested Newbies write and submit 10 blogs within the month of November 2011 and by doing so Newbies will earn 300 points for each blog, a total of 3000 points! A great way to earn extra points as well as meet and greet new Active Rain members!
Jerry’s contest motivated me to achieve a goal, so I start blogging, and I am glad to say I have posted 13 blogs; my first post in October and 12 more posted in November 2011, thus far!
Here is a link to those 12 posted in November 2011! Cynthia's Active Rain Blogs
On November 23, 2011 (my birthday) my blog – You Cannot Deter Me from Loving What I Do!! was FEATURED! I am humbled and ecstatically happy that other Active Rain members enjoyed this blog!
Thank you Active Rain members for welcoming me into the community!!
Special Thanks to Jerry Newman, Donne Knudsen, Mona Gersky for recognizing my efforts!
Life is but a Journey, Enjoy it!
Very Best of Raine
Content written and managed by C. Raine Williams
Raine Properties &amp; Investments
Servicing: North and South Shore areas of Boston
(P) 781-591-2392 (F) 877-492-5597
<script type="text/javascript">// <![CDATA[
!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");
// ]]></script>Raine C. Williams (Raine Properties & Investments)Sun, 27 Nov 2011 11:00:53 -0800http://activerain.com/blogsview/2621128/in-response-to-jerry-newman-s-contest---a-new-contest-for-recognizing-and-introducing-newbies-to-active-rain
http://activerain.com/blogsview/2617052/thank-you-active-rain--this-is-one-of-my-best-birthdays-ever--Thank you Active Rain, This Is One of My Best Birthdays Ever!!I never would have imagined in a million years I would be so consumed by responding and reading post here on Active Rain! I first heard about Active Rain at an office sales meeting in October from a team member from our Florida office who had mentioned how great Active Rain was for networking! He suggested, as agents we should consider looking into joining as this would be an excellent resource for creating your SPHERE of INFLUENCE by connecting with other real estate professionals, and generate new leads. The very next day, I went to the Active Rain's website to see for myself. I was extremely curious and I wanted to see what was going on in the real estate industry with other real estate professionals. I signed on only as a basic member at first and within a few hours I received a call from Kevan Carter welcoming me to the growing community of Active Rain, encouraging me to become a Rain Maker!
It took me about a month to write my first draft – Rental and leasing…not as easy as 1, 2, and 3; for which I saved it as a draft. I posted my first blog – Even through Rain, Sleet, or Snow first to ease my way in gently, hoping all the while not to receive too much criticism for such an outlandish post.
<img src="http://activerain.com/image_store/uploads/6/9/1/5/4/ar132207948345196.jpg" style="border: 2px solid black; margin-right: 5px; margin-left: 5px; float: left;">I have to give much thanks to Jerry Newman - he welcomed me with open arms and featured me as a Newbie on his post – Lets Welcome Three More Newbies to Our Community - after initiating a contest for seasoned Rain Makers to reach out to Newbies. For this I have to say: Thank you Jerry for extending out a warm welcome to me as a Newbie to Active Rain!!
<img src="http://activerain.com/image_store/uploads/8/5/1/1/3/ar132207953531158.jpg" style="border: 2px solid black; margin-right: 5px; margin-left: 5px; float: right;">
Another surprise then came from seasoned Active Rain member, Donne Knudsen who also responded to my post – Rental and leasing…not as easy as 1, 2, and 3. Donne too welcomed me with open arms and featured me as a Newbie on her post - Introducing Newbie Active Rain Blogger: Cynthia Williams. For this I say: Donne, I am completely humbled by your acknowledgements and thank you for reading my posts and reaching out to me!!
<img src="http://activerain.com/image_store/uploads/5/7/9/6/9/ar132207961496975.jpg" style="border: 2px solid black; margin-right: 5px; margin-left: 5px; float: left;">
It was then later that I received yet another acknowledgement as a Newbie to Active Rain from Mona Gersky - she too welcomed me with open arms as a Newbie with her post - Introducing &amp; Recognizing Newbies in Active Rain– Mona’s Choice, so I thank you Mona for taking the time to stop by and introducing yourself to me and welcoming me as a Newbie to Active Rain!
I am extremely grateful for Jerry Newman, Donne Knudsen, and Mona Gersky for taking the time to extend out their arms and giving me an encouraging warm welcome into the Active Rain community!! I am forever grateful!
Through the acknowledgements of Jerry, Donne, and Mona, I have met new members of Active Rain who have taken the time to stop by and say hello!
Today, I woke up feeling good, not because it is my birthday but because I have meet so many amazing people here on Active Rain and for that reason, I have MY FIRST FEATURED POST! – You Cannot Deter Me From Loving What I Do!!
Thank You Everyone and Happy Thanksgiving!
<img src="http://activerain.com/image_store/uploads/3/9/2/0/5/ar132207859250293.jpg" style="margin-right: 45px; margin-left: 45px; vertical-align: bottom;">
Life is but a Journey, Enjoy it!
Very Best of Raine
Content written and managed by C. Raine Williams
Raine Properties &amp; Investments
Servicing: North and South Shore areas of Boston
(P) 781-591-2392 (F) 877-492-5597
<script type="text/javascript">// <![CDATA[
!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");
// ]]></script>Raine C. Williams (Raine Properties & Investments)Wed, 23 Nov 2011 07:47:13 -0800http://activerain.com/blogsview/2617052/thank-you-active-rain--this-is-one-of-my-best-birthdays-ever--
http://activerain.com/blogsview/2615650/update--bed-bugs-bill--s--1134-has-been-filed-by-senator-richard-moore--d-uxbridge---UPDATE: Bed bugs bill, S. 1134 has been filed by Senator Richard Moore (D-Uxbridge)! According to a recent news release sent by Greater Boston Association of Realtors, there seems to be good news on the way for tenants in regards to the bed bug problem in Massachusetts.
“Massachusetts legislators are considering new legislation to address bed bug infestations and promote early notification and cooperation between tenants and landlords if bed bugs are found in a property. The bill, S. 1134, was filed by Senator Richard Moore (D-Uxbridge) at the request of the Greater Boston Real Estate Board (GBREB) and is also supported by the Massachusetts Association of REALTORS®.” (GBAR.com, November 2011, Beacon Hill Lawmakers Hear Testimony on Bed Bugs Bill)
This is good news for tenants whose homes have been overcome by bed bugs, and now it seems that both tenants and landlords will be able to find some sort of resolution, thanks to this new bill, S. 1134.
According to the GBAR news release, “The legislation would establish that property owners are responsible for extermination and further require the state Department of Public Health to create a pamphlet explaining how to identify bed bugs... “It’s an issue we want to be pro-active on”, noted GBREB Government Affairs Director Patricia Baumer at a recent hearing before the Joint Committee on Public Health.”
I recently blogged about the bed bug problem in Massachusetts, and I felt I should reopen and end this discussion with some good news for those who may have been affected!
Life is but a Journey, Enjoy it!
Very Best of Raine
Content written and managed by C. Raine Williams
Raine Properties &amp; Investments
Servicing: North and South Shore areas of Boston
(P) 781-591-2392 (F) 877-492-5597
<script type="text/javascript">// <![CDATA[
!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");
// ]]></script>Raine C. Williams (Raine Properties & Investments)Tue, 22 Nov 2011 08:37:45 -0800http://activerain.com/blogsview/2615650/update--bed-bugs-bill--s--1134-has-been-filed-by-senator-richard-moore--d-uxbridge---
http://activerain.com/blogsview/2614179/paying-it-forward--a-great-way-to-give-back-Paying it Forward: A Great Way to Give Back!Paying it Forward: A Great Way to Give Back!
Just thought I share this with you, as it holds dear. The Greater Boston Real Estate Board is teaming up with Habitat for Humanity to get people to donate some household items, such as furniture, fixtures, and appliances.
<img src="http://activerain.com/image_store/uploads/7/2/1/5/9/ar132191876795127.jpg" style="margin-right: 45px; margin-left: 45px; float: left;">If you or anyone you know would like to donate, please feel free to reach out to Habitat for Humanity and make sure to pass this information on!
Thank you for sharing~
Life is but a Journey, Enjoy it!
Very Best of Raine
Content written and managed by C. Raine Williams
Raine Properties &amp; Investments
Servicing: North and South Shore areas of Boston
(P) 781-591-2392 (F) 877-492-5597
<script type="text/javascript">// <![CDATA[
!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");
// ]]></script>Raine C. Williams (Raine Properties & Investments)Mon, 21 Nov 2011 10:42:41 -0800http://activerain.com/blogsview/2614179/paying-it-forward--a-great-way-to-give-back-
http://activerain.com/blogsview/2607951/should-you-have-reason-to-be-concerned--Should YOU Have Reason To Be Concerned??I woke up to a very disturbing story on the news today about bed bugs; the concern for many residents is that the growing cases of bed bugs is quit alarming and the homes of many people are so infested that is has become difficult for exterminators to keep up with the number of properties infected.
Here in Boston, the number of cases has risen substantially and continues to increase, and tenants are not the only ones experiencing this problem but it seems so are movie theaters, department stores, and even 5 star hotels. This problem makes my skin crawl even thinking about it.
Do we have a reason to be concerned about bed bugs? Should we be cautious when walking into someone’s home and it may be a bit obvious that whoever is living there may just have a pest problem? What about when there is so much stuff everywhere that is makes it difficult to move around without bumping into things? I am not saying all homes are this way, but there are a good number of homes where there are piles and piles of stuff everywhere, making it easy for rodents to hide, including bed bugs.
From what I understand it is easy for bed bugs to attach themselves to objects, whether it is your pants, jacket, bag, or purse; whatever makes it easy for them to hitch a ride back to a place that is not infested where they can then multiply and take over. I am forever cautious about what I may carry back with me when I go home, as I should. A place infested with bed bugs is a serious problem and we should all have reasons to be concerned!
Life is but a Journey, Enjoy it!
Very Best of Raine
Content written and managed by C. Raine Williams
Raine Properties &amp; Investments
Servicing: North and South Shore areas of Boston
(P) 781-591-2392 (F) 877-492-5597
<script type="text/javascript">// <![CDATA[
!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");
// ]]></script>Raine C. Williams (Raine Properties & Investments)Thu, 17 Nov 2011 04:33:20 -0800http://activerain.com/blogsview/2607951/should-you-have-reason-to-be-concerned--
http://activerain.com/blogsview/2544600/not-all-rental-leasing-opportunities-are-as-easy-as-1-2--and-3Not all Rental/Leasing opportunities are as easy as 1,2, and 3I often look towards rental/leasing properties, and more often than not there are many Section 8 Rental Assistance applicants who seek the help of a Real Estate Agent because they have tried on their own and had no luck finding a landlord who is willing to participate in a federally assisted subsidy program which will accept Section 8 .
Many Section 8 Rental Assistance participants find it extremely frustrating and a bit unfair to hear over and over from property owners: "No, I do not accept Section 8." Quit a few landlords may feel they have a legitimate reason not to consider individuals or families with Section 8. I constantly hear that landlords are skeptical of renting to individuals and families with a Section 8 voucher because they feel they will just move in and destroy the property. The second reason landlords will not rent to individuals and families with a Section 8 voucher may be that families have children under 6 and that the unit is not lead certified. Fair enough, but is this an over-exaggerated excuse not to rent? The third reason, which some will find a bit absurd to believe, is that landlords base tenant selection on race and/or the ethnic background of these individuals or families.
Section 8 Rental Assistance is offered in many states across the country provided by U.S. Department of Housing and Urban Development. It is a way for low-income families and individuals, including the disabled and elderly, to receive affordable housing assistance; however, not all landlords are on board with accepting the Section 8 voucher and because of this many are left wondering why? Section 8 Rental Assistance should be viewed, and intended as, an equal opportunity fair housing opportunity to those who choose to apply and receive additional support to help pay rent. For these tenants who look to find suitable housing, landlords should not find fault or have any bias notions on who they choose to occupy the rental. <img src="http://activerain.com/image_store/uploads/8/3/7/3/1/ar132192479113738.PNG" style="margin-right: 15px; margin-left: 15px; float: right;">
I am not completely convinced anything can be done to solve the problem that is currently upsetting Section 8 participants who are looking for housing. From what I understand, it is unlawful to discriminate against anyone, and any participant of Section 8 should not be exempt from applying to rental properties in any area; however, as a Realtor placing participants of the Section 8 Rental Assistance program is not as easy as 1, 2, and 3
Life is but a Journey, Enjoy it!
Very Best of Raine
Content written and managed by C. Raine Williams
Raine Properties &amp; Investments
Servicing: North and South Shore areas of Boston
(P) 781-591-2392 (F) 877-492-5597
<script type="text/javascript">// <![CDATA[
!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");
// ]]></script>Raine C. Williams (Raine Properties & Investments)Fri, 11 Nov 2011 04:31:42 -0800http://activerain.com/blogsview/2544600/not-all-rental-leasing-opportunities-are-as-easy-as-1-2--and-3
http://activerain.com/blogsview/2595545/before-you-go---bring-some-extra-socks--Before you go...bring some extra socks!!Before you go...bring some extra socks!! Something to make you laugh or simply smile to yourself.
Anyone who is from the New England area could tell you that the weather can be pretty unpredictable and you must be prepared for just about anything, not reacting to a situation but acting upon it seems to be the key here. More times than not, walking into a home that has already been winterized and prepared for the cold (and you’re not sure if it has or not) will leave you asking these questions when you arrive with your client: Are the lights on and is there water coming through from the faucets?
As we enter another winter season here in Boston, I have learned when showing a property go prepared! When it doubt always bring a flashlight and some extra socks! What is the reason for the extra socks you ask? Well, homeowners or investors who have put a great deal of work into renovating their homes will strongly recommend before walking through the property remove your shoes at the door; those gleaming hard wood floors throughout may have just been shellacked and no one wants to see shoe prints on all that hard work.
Before you go...bring some extra socks!! I was showing a client a property that featured gleaming hardwood floors; however, I was unaware that the property had already been winterized, so needless to say there was no heat. We walk in and noticed immediately a sign that indicated "remove your shoes", and as requested we removed our shoes and proceeded to enter the unit. OMG! the floors were ice cold! I looked at my client and he stared back at me with a look of concern on his face (I knew this wasn't going to be an easy showing), we both started to laugh at the thought of walking through this entire unit with just our socks. As we hopped from one room to the next laughing out loud, while the sounds of oohh nice and aaahh cold echoed from the ceilings, it wasn't until we had reached the second floor that we both somehow agreed in unison- Dang! These floors are freezing cold! I think we should have brought extra socks! <img src="http://activerain.com/image_store/uploads/1/6/7/8/3/ar132192378038761.GIF" style="margin-right: 10px; margin-left: 10px; vertical-align: bottom; float: right;">
That day was a lesson for me as well as my client, one in which I had realized that before scheduling a showing for a property that features gleaming hardwood floors...I must remember...Before you go...bring some extra socks!!
Life is but a Journey, Enjoy it!
Very Best of Raine
Content written and managed by C. Raine Williams
Raine Properties &amp; Investments
Servicing: North and South Shore areas of Boston
(P) 781-591-2392 (F) 877-492-5597
<script type="text/javascript">// <![CDATA[
!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");
// ]]></script>Raine C. Williams (Raine Properties & Investments)Wed, 09 Nov 2011 01:51:20 -0800http://activerain.com/blogsview/2595545/before-you-go---bring-some-extra-socks--
http://activerain.com/blogsview/2544416/newcomer-of-active-rainNewcomer of Active RainHello Everyone!
I just joined Active Rain and I am excited to get started. I hope to learn a great deal from fellow Real Estate and industry professionals!
It is a little bit intimidating, but I am sure I will get the hang of it sooner rather than later. Now if I can only figure out how to add my company logo and banner, I will be all set. Any help will be greatly appreciated.
Thanks!
Cynthia (AKA Lora Raine)
Life is but a Journey, Enjoy it!
Very Best of Raine
Content written and managed by C. Raine Williams
Raine Properties &amp; Investments
Servicing: North and South Shore areas of Boston
(P) 781-591-2392 (F) 877-492-5597
<script type="text/javascript">// <![CDATA[
!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");
// ]]></script>Raine C. Williams (Raine Properties & Investments)Thu, 06 Oct 2011 10:43:58 -0700http://activerain.com/blogsview/2544416/newcomer-of-active-rain